Biden nominates Jefferson as Fed vice chair, Kugler to Fed board
By Ann Saphir, Andrea Shalal and Jeff Mason WASHINGTON (Reuters) -U.S. President Joe Biden on Friday nominated Federal Reserve Governor…
Economy
France lands battery gigafactory with sweeteners, zero-carbon power
By Gilles Guillaume and Elizabeth Pineau PARIS (Reuters) -France beat competition from Germany and the Netherlands for ProLogium’s first overseas…
Soros Fund Management cut Tesla stake, added Netflix in 1st quarter
By David Randall NEW YORK (Reuters) – Soros Fund Management, the family office of billionaire George Soros, slashed its stakes…
World Bank’s Malpass: U.S. debt limit standoff adds to global economic woes
By Andrea Shalal NIIGATA, Japan (Reuters) -The risk of a U.S. payments default is adding to problems facing a slowing…
Stocks slip as US consumer confidence slumps, dollar gains
By Herbert Lash NEW YORK (Reuters) -The dollar rose on Friday but a gauge of global stocks retreated on a…
U.S. bank deposits rise in early May, lending little changed at record high
(Reuters) – Deposits at U.S. banks climbed in early May, ticking up from the lowest level in nearly two years…
Debt ceiling worries deepen as early June U.S. default reinforced
By Richard Cowan WASHINGTON (Reuters) – The Washington standoff over raising the U.S. government’s $31.4 trillion borrowing limit is adding…
U.S. regional bank stocks creep higher in skittish trading
(Reuters) -Shares of major U.S. regional lenders edged higher on Friday, reversing early losses in skittish trading as investors bought…
Binance pulls out of Canada amid new crypto regulations
(Reuters) -Binance said on Friday it was withdrawing from Canada, weeks after the country issued a series of new guidelines…
CDS committee accepts to hear question on Credit Suisse AT1 bonds
NEW YORK (Reuters) – The Credit Derivatives Determinations Committee (DC) accepted on Friday to look into a question on whether…